The recent announcement of the acquisition of the Foody Market by supermarkets Alpha Mega.
The Service of the Competition Protection Committee announced that a rally notification was received regarding the acquisition of its share capital Delivery Hero Dmart Cyprus Limited From ATHEX Papaellinas Commercial Ltd.
ATHEX Papaellinas Commercial LTD is a company duly registered in accordance with the laws of the Republic of Cyprus, which, which Through the supermarket under the name of Alfamega, it is active in the retail sale of dietary products and non -dietary homes. Consumer service is done through the Network of Natural Store (supermarkets) it maintains throughout the Cyprus and via e -commerce platform.
OR Delivery Hero Dmart Cyprus Limited It is a limited liability company duly registered in accordance with the laws of the Republic of Cyprus which It is active in the supermarket (general retail) sector.
The goal is deals with the retail sale of dietary products and non -dietary homes. Company mainly focuses on collection and sending orders through electronic channels trade (e–commerce) that works under the name ”Foody Market”.
It is noted that after the acquisition, the Foody Market will be incorporated into the retail network of alphabet supermarkets and will operate under the name Alphamega Expressreinforcing the company’s presence in the ever -growing market for online markets.